At 09:00 (GMT+2), Turkey is publishing the April Consumer Price Index, which is serving as the main indicator of the country’s inflation rate, reflecting changes in the cost of a defined “basket” of goods and services, including food, transport, utilities, healthcare, and so on. If the indicator rises by 1.94% MoM and 30.87% YoY, this may signal to officials of the Central Bank of the Republic of Turkey the need to determine the next steps for adjusting the cost of borrowing.
